The Tribune

The Bahamas Financial Services Board (BFSB) and the Insurance Commission of the Bahamas (ICB), through a selection committee, have chosen recipients for the two scholarships being provided for the Associates in Captive Insurance (ACI) designation.

The recipients are Anastasia Campbell, an associate in the corporate and financial services group (including the insurance sector) at Graham, Thompson & Co, and Sanchez R. Brooks, underwriter at Summit Insurance Company.

The selection committee was said to be impressed with the track record of both applicants in terms of their dedication to enhancing skills through ongoing professional development.

Their personal statements both spoke to their perceived role in the development of the captives sector and the financial services industry as a whole.

The BFSB is partnering with the ICB on the scholarships for The International Centre for Captive Insurance Education (ICCIE) Course.

Its chief executive, Aliya Allen, said: “ICCIE is the first and only comprehensive captive insurance education programme in North America, and its courses are relevant to any domicile around the world. The ACI designation is recognised and respected globally.”

The BFSB has been promoting the insurance sector, including captives, as part of its strategic and business development efforts.

It regularly participates in international conferences such as CICA and RIMS, and hosts annual insurance industry briefings and seminars.

The scholarship initiative was also launched in collaboration with the Bahamas Insurance Association and the Insurance Institute of the Bahamas, both of which appointed representatives to the planning and scholarship committees. The Ministry of Financial Services also joined as part of the selection committee.